Shares of HFCL Ltd attracted investor attention and gained more than 3% on Friday 10 July after announcing that its overseas wholly owned subsidiary secured an export order worth USD 51.98 million (around Rs 495.8 crore) from a leading international customer. 

The contract covers the supply of optical fibre cable-based data centre connectivity solutions, reinforcing the company’s expanding presence in the global telecom and digital infrastructure market.

According to the company’s regulatory filing, the order reflects the continued confidence international customers have in HFCL’s advanced manufacturing capabilities, product quality, and technological expertise. 

The project is scheduled for execution by December 2026, providing healthy revenue visibility over the coming quarters while supporting the company’s growing export business.

The latest contract also aligns with HFCL’s strategic focus on capitalising on rising global demand for high-speed fibre connectivity, driven by the rapid expansion of AI infrastructure, hyperscale data centres, and next-generation communication networks. 

Over the past six months, the company has consistently strengthened its international order pipeline through multiple export wins. Earlier this year, HFCL secured an export order worth nearly USD 4.67 million (about Rs 42.34 crore) for optical fibre cables, while management highlighted that exports have become a key growth driver, with international orders accounting for a significant share of its overall order book. 

The company has also outlined plans to expand its optical fibre and optical fibre cable manufacturing capacities to meet increasing global demand.

Investor sentiment remained positive following the announcement. At 11:55 am, the shares of HFCL were trading 2.66% higher at Rs 220.40 on NSE.

The stock has already delivered gains of more than 30% over the past month, reflecting optimism around the company’s robust order inflow, export momentum, and long-term growth opportunities in the global fibre connectivity and data centre ecosystem.

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